Turkey - Handtools, Hydraulic Or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Turkey - Handtools, Hydraulic Or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends And Insights

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Non-Electric Motor Handtools Price in Turkey - 2023

Contents:

  1. Non-Electric Motor Handtools Price in Turkey (CIF) - 2022
  2. Non-Electric Motor Handtools Price in Turkey (FOB) - 2022
  3. Non-Electric Motor Handtools Imports in Turkey
  4. Non-Electric Motor Handtools Exports in Turkey

Non-Electric Motor Handtools Price in Turkey (CIF) - 2022

In 2022, the average non-electric motor handtools import price amounted to $124 per unit, falling by -11.5% against the previous year. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 19% against the previous year. The import price peaked at $237 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($124 per unit) and Germany ($124 per unit), while the price for Japan ($124 per unit) and the UK ($124 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-5.4%), while the prices for the other major suppliers experienced a decline.

Non-Electric Motor Handtools Price in Turkey (FOB) - 2022

The average non-electric motor handtools export price stood at $249 per unit in 2022, surging by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2018 an increase of 18% against the previous year. The export price peaked at $280 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Uganda ($258 per unit) and Algeria ($258 per unit), while the average price for exports to Spain ($258 per unit) and Nigeria ($258 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Motor Handtools Imports in Turkey

In 2022, after three years of growth, there was significant decline in overseas purchases of handtools, hydraulic or with a self-contained non-electric motor, when their volume decreased by -6.5% to 211K units. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 131% against the previous year. Over the period under review, imports attained the peak figure at 225K units in 2021, and then contracted in the following year.

In value terms, non-electric motor handtools imports shrank sharply to $26M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 57%. Imports peaked at $31M in 2021, and then reduced remarkably in the following year.

Import of Non-Electric Motor Handtools in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.213.615.111.211.0%
Germany2.24.15.53.921.0%
Italy2.43.74.33.614.5%
Netherlands1.40.91.42.114.5%
RussiaN/AN/A0.41.3225.0%
United States1.41.51.10.9-13.7%
United Kingdom0.40.70.40.826.0%
Others0.71.83.32.348.7%
Total16.826.331.426.015.7%

Top Suppliers of Non-Electric Motor Handtools to Turkey in 2022:

  1. China (90.8K units)
  2. Germany (31.5K units)
  3. Italy (28.9K units)
  4. Netherlands (16.8K units)
  5. Russia (10.1K units)
  6. United States (7.0K units)
  7. United Kingdom (6.8K units)

Non-Electric Motor Handtools Exports in Turkey

In 2022, approx. 17K units of handtools, hydraulic or with a self-contained non-electric motor were exported from Turkey; waning by -7.9% on 2021. The total export volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. As a result, the exports reached the peak of 19K units, and then declined in the following year.

In value terms, non-electric motor handtools exports rose slightly to $4.3M in 2022. The total export value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 3.8% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Non-Electric Motor Handtools in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran420475582365-4.6%
Uzbekistan2361261812927.4%
Azerbaijan13314317127928.0%
Morocco23.948.132.2244116.9%
Russia46.99.552.524072.3%
Algeria15576052.91856.1%
Sweden1421501471808.2%
Nigeria6.55.78.9142179.5%
Iraq199286129136-11.9%
Kyrgyzstan28.60.150.212463.1%
Bulgaria18.58.316.412287.5%
Spain41.930.539.810837.1%
Uganda0.89.328.3103405.0%
Others2,4831,9432,6571,735-11.3%
Total3,9363,9974,1484,2542.6%

Top Export Markets for Non-Electric Motor Handtools from Turkey in 2022:

  1. Iran (1.4K units)
  2. Azerbaijan (1.1K units)
  3. Uzbekistan (1.1K units)
  4. Morocco (0.9K units)
  5. Russia (0.9K units)
  6. Algeria (0.7K units)
  7. Sweden (0.7K units)
  8. Nigeria (0.6K units)
  9. Kyrgyzstan (0.5K units)
  10. Iraq (0.5K units)
  11. Bulgaria (0.5K units)
  12. Uganda (0.4K units)
  13. Spain (0.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-electric motor handtools market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)

Country coverage:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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